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XRP, Ethereum, and TRON — 3 Coins that Might Blow Up in 2019

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XRP Ethereum Tron

2018 was a year when the crypto market received a hard blow, one that it has yet to recover from. The year was marked by significant price drops, market crashes, an ICO extinction, hacking attacks, and many other incidents that proved to be unfriendly for the steady progress of digital currencies.

However, investors remain optimistic regarding the future, and 2019 in particular. This is believed to be the year when a positive momentum will return once more, and when coins will get back on track.

Despite the bearish 2018, a lot of crypto projects managed to grow in other areas, even though their prices were dropping. Meanwhile, the crypto market became vast and filled with different altcoins, currently exceeding 2,100 individual projects.

While there undoubtedly many of them that have a lot of potentials, three of them are receiving more attention and coverage than others, apart from Bitcoin itself, at least.

The projects in question are XRP, Ethereum, and TRON. With a new year, a new hope for the future of crypto arrived as well, and these three coins have a pretty decent chance to blow up in 2019. Let’s see what makes them different than the others.

1) XRP

XRP, formerly known as Ripple, as a coin developed by the company Ripple Labs. Throughout its history, the coin usually had a relatively low price, which is currently only $0.30. This is not particularly impressive when compared to the price of Bitcoin, for example. However, XRP has managed to expand in other ways and is currently being used all around the world.

Ripple Labs’ two major products — xCurrent and xRapid — managed to capture the attention of over 100 banks around the world, all of which wish to implement these products to better their payment systems. The products allow any transaction to be completed almost instantly, and at a significant discount. This is one of the largest crypto use cases today, and thanks to this, XRP managed to become the second largest coin in the crypto market, with a market cap of $13.19 billion

Due to its connection to Ripple Labs and numerous banks, many have accused XRP of being centralized, not being a real cryptocurrency, and even of being security. However, over time, XRP managed to prove itself again and again, and most of these accusations are now in the past, with the coin being well on its way to becoming the first crypto to enter the mainstream.

2) Ethereum

Ethereum is known for being the second most important coin in crypto history, mostly due to the fact that it shifted investors attention from the coin to the blockchain, the technology that cryptocurrencies are based on. Thanks to ETH, dApp creation and smart contracts received a lot of the attention they previously lacked, and discovering new use cases for blockchain technology has become one of the largest tech-related trends in recent years.

For a long time, ETH also managed to keep its position as the second largest coin by market cap, until XRP recently dethroned it. Its price was also more than acceptable, with its all-time high being above $1,400. These days, ETH is the third largest coin with a price of only $107.46, but many believe that it might grow once again in 2019.

In the past several weeks, ETH received several updates, delivered via hard forks. The updates are expected to improve its network, and even attempt to solve scalability issues, which have been affecting digital currencies since Bitcoin’s first day. When combined with its potential for smart contracts and dApp creation, it is easy to see why investors and developers are still not ready to give up on ETH.

3) TRON

TRON is probably the most popular coins today, and it certainly achieved much in 2018. In a single year, that was extremely unfriendly for digital currencies, TRON managed to launch a TestNet, a MainNet, to perform a token swap, perform several large token burns, get listed on countless exchanges and wallets, launch multiple popular dApps, and even buy BitTorrent and announce a massive project centered around it.

However, despite all of these achievements, media coverage, and general hype regarding the project — its price has failed to respond. While its market cap did increase enough to grant TRX entry to the top 10 coins by market cap (currently being ranked as 9th largest crypto), it did not do much for its value, which is currently at $0.02799.

Many believe that the reason for this is the simple fact that the market doesn’t allow positive momentum, which is why TRON’s achievements do nothing for its value. Others believe that its achievements did have an impact and that they prevented the price from going lower than the current one. Whatever the case may be, TRX managed to survive two market crashes and an entire bearish year, from which it emerged strong and well-connected, with a strong potential to explode as soon as the conditions are right.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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